Showing 1 - 10 of 114
level. In these situations, consumption is not very responsive to fluctuations in real interest rates and financial …
Persistent link: https://www.econbiz.de/10015215866
This paper details how ageing is affecting to private saving and public pensions. In this way, it analyses if Life-Cycle Hypothesis is carrying out for individuals about their saving behaviours and if Pension Public Systems can make them to vary. For this reason, it establishes a specifically...
Persistent link: https://www.econbiz.de/10015218724
This document tries to show how the capital asset pricing model based on the consumption theory under uncertainty could …
Persistent link: https://www.econbiz.de/10015226889
This document carries out an exhaustive review of the literature, at the microeconomic level, on mainly behavioral problems aimed at promoting voluntary savings for old age (retirement). The different mechanisms and/or tools described have been designed to promote this type of savings,...
Persistent link: https://www.econbiz.de/10014541012
The existence of incomplete financial markets, in an environment of uncertainty, is one of the problems of the Latin American economies, that determines a suboptimal path of public spending, with the consequent loss of social welfare. The existence of a high degree of positive correlation...
Persistent link: https://www.econbiz.de/10014545901
In this paper the ability of the Economic Perception Index, IPECO, to predict aggregate consumption and other … macroeconomic variables is studied. The accuracy of the predictions is improved when IPECO is used as predictor of consumption, in …
Persistent link: https://www.econbiz.de/10015258531
time. Past beer consumption conditions present consumption and this, in turn, that of the future. This sequence has been … called the social paradigm of choice. The empirical results allege that beer consumption in the Junin region is addictive; In … addition, current consumption is more sensitive to past consumption than to the future, because the individual has an almost …
Persistent link: https://www.econbiz.de/10015266002
and greater consumption by entrepreneurs, leading to an increase in economic growth and employment levels. However, we …
Persistent link: https://www.econbiz.de/10015269795
increase of public final consumption, which has been significantly lower in the Spanish case). …
Persistent link: https://www.econbiz.de/10015239754
Resumen En la presente investigación analizamos la demanda de dinero por motivo precautorio como una decisión de un consumidor racional. Siguiendo a Whalen (1966), un consumidor demanda dinero para enfrentar gastos inesperados debido a que no se realizan los ingresos esperados. Dado que el...
Persistent link: https://www.econbiz.de/10015254223